Ternium (TX) Projected to Post Quarterly Earnings on Tuesday

Ternium (NYSE:TX) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.97 per share and revenue of $4.18 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Ternium Stock Up 2.2 %

Shares of Ternium stock opened at $30.60 on Tuesday. Ternium has a twelve month low of $28.37 and a twelve month high of $44.44. The company has a quick ratio of 1.67, a current ratio of 2.92 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $29.79 and its 200 day moving average is $32.85. The company has a market cap of $6.01 billion, a price-to-earnings ratio of 76.50, a price-to-earnings-growth ratio of 0.34 and a beta of 1.76.

Wall Street Analysts Forecast Growth

TX has been the subject of a number of research reports. StockNews.com cut Ternium from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. The Goldman Sachs Group reduced their price target on shares of Ternium from $45.00 to $39.00 and set a “buy” rating for the company in a research report on Thursday, February 6th.

Ternium Company Profile

Ternium SA, together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through three segments: Steel, Mining, and Usiminas. The Steel segment offers slabs, hot and cold rolled products, coated products, roll formed and tubular products, bars, billets, and other products.